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Amazon’s bullying of the book publisher Hachette and the uninvited bid by Rupert Murdoch’s 21st Century Fox to swallow rival TimeWarner has caused some economists and commentators to ask, why are such aggressive moves not attracting the attention of the Justice Department’s trust-busters? Both moves are textbook examples of how monopoly power can abuse — or so they would have seemed not long ago.

Author Profile

Nicholas Wapshott is the International Editor of Newsweek. He previously served as New York bureau chief of The Times of London and editor of the Saturday Times of London. He is a regular broadcaster on MSNBC, PBS and FOX News. His new book "The Sphinx: Franklin Roosevelt, the Isolationists, and the Road to World War II" is due out in November. He is also the author of "Ronald Reagan and Margaret Thatcher: A Political Marriage" and "Keynes Hayek: The Clash That Defined Modern Economics."